Zoetis annual r&d spending
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2025
Zoetis R&D Spending Growth & History (ZTS)
Zoetis's r&d spending was $698.0M for fiscal 2025.
View full Zoetis company overviewZoetis annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $698.0M | $12.0M | +1.75% |
| 2024 | 2024-12-31 | $686.0M | $72.0M | +11.73% |
| 2023 | 2023-12-31 | $614.0M | $75.0M | +13.91% |
| 2022 | 2022-12-31 | $539.0M | $31.0M | +6.10% |
| 2021 | 2021-12-31 | $508.0M | $45.0M | +9.72% |
| 2020 | 2020-12-31 | $463.0M | $6.0M | +1.31% |
| 2019 | 2019-12-31 | $457.0M | $25.0M | +5.79% |
| 2018 | 2018-12-31 | $432.0M | $50.0M | +13.09% |
| 2017 | 2017-12-31 | $382.0M | $6.0M | +1.60% |
| 2016 | 2016-12-31 | $376.0M | $12.0M | +3.30% |
| 2015 | 2015-12-31 | $364.0M | −$32.0M | −8.08% |
| 2014 | 2014-12-31 | $396.0M | −$3.0M | −0.75% |
| 2013 | 2013-12-31 | $399.0M | −$10.0M | −2.44% |
| 2012 | 2012-12-31 | $409.0M | −$18.0M | −4.22% |
| 2011 | 2011-12-31 | $427.0M | — | — |
Zoetis quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $173.0M | $7.0M | +4.22% |
| Q1 2026 | 2026-03-31 | $180.0M | $18.0M | +11.11% |
| Q4 2025 | 2025-12-31 | $200.0M | $14.0M | +7.53% |
| Q3 2025 | 2025-09-30 | $170.0M | $3.0M | +1.80% |
| Q2 2025 | 2025-06-30 | $166.0M | −$5.0M | −2.92% |
| Q1 2025 | 2025-03-31 | $162.0M | $0 | 0.00% |
| Q4 2024 | 2024-12-31 | $186.0M | $12.0M | +6.90% |
| Q3 2024 | 2024-09-30 | $167.0M | $15.0M | +9.87% |
| Q2 2024 | 2024-06-30 | $171.0M | $25.0M | +17.12% |
| Q1 2024 | 2024-03-31 | $162.0M | $20.0M | +14.08% |
| Q4 2023 | 2023-12-31 | $174.0M | $26.0M | +17.57% |
| Q3 2023 | 2023-09-30 | $152.0M | $18.0M | +13.43% |
| Q2 2023 | 2023-06-30 | $146.0M | $11.0M | +8.15% |
| Q1 2023 | 2023-03-31 | $142.0M | $20.0M | +16.39% |
| Q4 2022 | 2022-12-31 | $148.0M | $10.0M | +7.25% |
| Q3 2022 | 2022-09-30 | $134.0M | $2.0M | +1.52% |
| Q2 2022 | 2022-06-30 | $135.0M | $15.0M | +12.50% |
| Q1 2022 | 2022-03-31 | $122.0M | $4.0M | +3.39% |
| Q4 2021 | 2021-12-31 | $138.0M | $5.0M | +3.76% |
| Q3 2021 | 2021-09-30 | $132.0M | $20.0M | +17.86% |
| Q2 2021 | 2021-06-30 | $120.0M | $9.0M | +8.11% |
| Q1 2021 | 2021-03-31 | $118.0M | $11.0M | +10.28% |
| Q4 2020 | 2020-12-31 | $133.0M | $1.0M | +0.76% |
| Q3 2020 | 2020-09-30 | $112.0M | $0 | 0.00% |
| Q2 2020 | 2020-06-30 | $111.0M | $0 | 0.00% |
| Q1 2020 | 2020-03-31 | $107.0M | $5.0M | +4.90% |
| Q4 2019 | 2019-12-31 | $132.0M | $7.0M | +5.60% |
| Q3 2019 | 2019-09-30 | $112.0M | $4.0M | +3.70% |
| Q2 2019 | 2019-06-30 | $111.0M | $9.0M | +8.82% |
| Q1 2019 | 2019-03-31 | $102.0M | $5.0M | +5.15% |
| Q4 2018 | 2018-12-31 | $125.0M | $15.0M | +13.64% |
| Q3 2018 | 2018-09-30 | $108.0M | $12.0M | +12.50% |
| Q2 2018 | 2018-06-30 | $102.0M | $16.0M | +18.60% |
| Q1 2018 | 2018-03-31 | $97.0M | $7.0M | +7.78% |
| Q4 2017 | 2017-12-31 | $110.0M | $2.0M | +1.85% |
| Q3 2017 | 2017-10-01 | $96.0M | $6.0M | +6.67% |
| Q2 2017 | 2017-07-02 | $86.0M | −$2.0M | −2.27% |
| Q1 2017 | 2017-04-02 | $90.0M | $0 | 0.00% |
| Q4 2016 | 2016-12-31 | $108.0M | −$1.0M | −0.92% |
| Q3 2016 | 2016-10-02 | $90.0M | −$1.0M | −1.10% |
| Q2 2016 | 2016-07-03 | $88.0M | $4.0M | +4.76% |
| Q1 2016 | 2016-04-03 | $90.0M | $10.0M | +12.50% |
| Q4 2015 | 2015-12-31 | $109.0M | −$15.0M | −12.10% |
| Q3 2015 | 2015-09-27 | $91.0M | −$2.0M | −2.15% |
| Q2 2015 | 2015-06-28 | $84.0M | −$8.0M | −8.70% |
| Q1 2015 | 2015-03-29 | $80.0M | −$7.0M | −8.05% |
| Q4 2014 | 2014-12-31 | $124.0M | $3.0M | +2.48% |
| Q3 2014 | 2014-09-28 | $93.0M | $0 | 0.00% |
| Q2 2014 | 2014-06-29 | $92.0M | −$3.0M | −3.16% |
| Q1 2014 | 2014-03-30 | $87.0M | −$3.0M | −3.33% |
| Q4 2013 | 2013-12-31 | $121.0M | $0 | 0.00% |
| Q3 2013 | 2013-09-29 | $93.0M | −$1.0M | −1.06% |
| Q2 2013 | 2013-06-30 | $95.0M | $3.0M | +3.26% |
| Q1 2013 | 2013-03-31 | $90.0M | −$12.0M | −11.76% |
| Q4 2012 | 2012-12-31 | $121.0M | — | — |
| Q3 2012 | 2012-09-30 | $94.0M | — | — |
| Q2 2012 | 2012-07-01 | $92.0M | — | — |
| Q1 2012 | 2012-04-01 | $102.0M | — | — |
Zoetis r&d spending trends
Over the last five fiscal years, Zoetis's r&d spending increased from $463.0M to $698.0M, a change of $235.0M. The latest reported quarter, Q2 2026, shows $173.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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